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Ferrari (NYSE: RACE) details June 2026 activity in €3.5B buyback program

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6-K

Rhea-AI Filing Summary

Ferrari N.V. provides an update on its ongoing share buyback activity under the €250 million Second Tranche of its multi-year buyback program of approximately €3.5 billion expected to be executed by 2030. Between 22 and 26 June 2026, the company repurchased 62,641 common shares across Euronext Milan and the NYSE for total consideration of about €19.11 million excluding fees.

Since the announcement of the Second Tranche through June 26, 2026, Ferrari has invested €137,925,977.76 for 468,979 shares on EXM and $34,998,176.45 (about €30.15 million) for 102,681 shares on the NYSE. As of June 26, 2026, Ferrari held 17,991,331 treasury shares, representing 9.28% of issued common shares, or 9.59% of total issued share capital including special voting shares, with cancellation of treasury shares approved but not yet effectuated.

From the start of the multi-year buyback on January 5, 2026 through June 26, 2026, Ferrari has repurchased 1,457,105 common shares for a total consideration of €428,838,218.38, including transactions for Sell to Cover.

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Shares repurchased June 22–26, 2026 62,641 shares Total across EXM and NYSE in late June 2026
Consideration June 22–26, 2026 €19,110,122.91 Total consideration excluding fees for 62,641 shares
Second Tranche size €250 million Share buyback tranche announced April 10, 2026
Multi-year buyback program €3.5 billion Expected to be executed by 2030
Treasury shares held 17,991,331 shares As of June 26, 2026
Treasury as % common shares 9.28% Of then total issued common shares
Treasury as % total capital 9.59% Including special voting shares
Total buybacks since Jan 5, 2026 €428,838,218.38 For 1,457,105 common shares on EXM and NYSE
share buyback program financial
"under the Euro 250 million share buyback program announced on April 10, 2026"
A share buyback program is when a company uses its cash to repurchase its own outstanding shares from the market, reducing the number of shares available to investors. That matters because it can raise the value of remaining shares and signal management's confidence in the business—similar to a bakery buying back unsold loafs to make each remaining loaf represent a larger share of its oven’s output—though buybacks can also affect cash available for other uses.
multi-year share buyback program financial
"as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion"
treasury shares financial
"the Company held in treasury No. 17,991,331 common shares, net of shares assigned"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
special voting shares financial
"Including the special voting shares, the Company held in treasury 9.59% of the then total issued share capital"
Shares that carry extra or different voting power than ordinary shares, allowing their holders to control corporate decisions disproportionate to their economic stake. For investors this matters because these shares can concentrate control in the hands of a few — like owning the steering wheel while others own most of the car — which can affect board choices, strategic direction, minority shareholder influence and the value or liquidity of ordinary shares.
Sell to Cover financial
"including transactions for Sell to Cover, for a total consideration of Euro 428,838,218.38"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________
FORM 6-K
_______________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File No. 001-37596
_______________________________
FERRARI N.V.
(Translation of Registrant’s Name Into English)

_______________________________
Via Abetone Inferiore n.4
I-41053 Maranello (MO)
Italy
Tel. No.: +39 0536 949111
(Address of Principal Executive Offices)
_______________________________

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o















    
The following exhibit is furnished herewith:
Exhibit 99.1    Press release issued by Ferrari N.V. dated June 29, 2026.






SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: June 29, 2026FERRARI N.V.
By:/s/ Antonio Picca Piccon
Name:Antonio Picca Piccon
Title:Chief Financial Officer



Index of Exhibits
Exhibit
Number    Description of Exhibit

99.1        Press release issued by Ferrari N.V. dated June 29, 2026.



Exhibit 99.1



FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM


Maranello (Italy), June 29, 2026 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

EXM
NYSE
Total
Trading


  Date


 (d/m/y)		Number of
 common
shares
purchased


Average
 price per
 share

excluding
fees

(€)



Consideration
excluding fees




(€)

Number of
 common
shares
 purchased


Average
price per
share

excluding
fees

($)


Consideration
excluding fees





($)


Consideration
excluding fees





(€)*

Number of
 common
 shares
purchased


Average
price per
share

excluding
fees

(€)*



Consideration
excluding fees




(€)*

22/06/202610,000305.80223,058,022.0010,026349.08873,499,963.313,055,135.5720,026305.26106,113,157.57
23/06/202625,000303.26917,581,727.508,696344.97472,999,899.992,633,339.1833,696303.153710,215,066.68
24/06/20261,821304.9453555,305.39————1,821304.9453555,305.39
25/06/20262,010306.7419616,551.22————2,010306.7419616,551.22
26/06/20262,366309.7923732,968.582,722367.3591999,951.47877,073.485,088316.43911,610,042.06
Total41,197304.502112,544,574.6921,444349.73957,499,814.776,565,548.2262,641305.073719,110,122.91

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase

Since the announcement of such Second Tranche till June 26, 2026, the total invested consideration has been:
•Euro 137,925,977.76 for No. 468,979 common shares purchased on the EXM
•USD 34,998,176.45 (Euro 30,154,155.60*) for No. 102,681 common shares purchased on the NYSE.

As of June 26, 2026 the Company held in treasury No. 17,991,331 common shares, net of shares assigned under the Company’s equity incentive plan, corresponding to 9.28% of the then total issued common shares. Including the special voting shares, the Company held in treasury 9.59% of the then total issued share capital. For the avoidance of doubt, the cancellation of treasury shares, as approved












Ferrari N.V.
Amsterdam, The Netherlands










Registered Office:
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy










Dutch trade registration number:
64060977
corporateweb.jpg




by the Annual General Meeting of Shareholders of the Company held on April 15, 2026, has not yet been effectuated and therefore has not been taken into account for such calculations.

Since January 5, 2026, start date of the multi-year share buyback program of approximately Euro 3.5 billion announced during the 2025 Capital Markets Day, until June 26, 2026, the Company has purchased a total of 1,457,105 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 428,838,218.38.


A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (https://www.ferrari.com/en-EN/corporate/buyback-programs).




For further information:
Media Relations
Email: media@ferrari.com
2

Source: View Original Filing on SEC EDGAR

FAQ

What does Ferrari (RACE) report in its June 2026 buyback update?

Ferrari reports ongoing progress in its 2026 share buyback. It repurchased 62,641 common shares between June 22 and 26 for about €19.11 million, as part of a larger €250 million tranche within a multi-year €3.5 billion buyback program.

How many Ferrari (RACE) shares were repurchased in late June 2026?

Ferrari repurchased 62,641 common shares from June 22 to 26, 2026. These were bought on Euronext Milan and the NYSE for total consideration of about €19.11 million, excluding fees, under the ongoing Second Tranche of its share buyback program.

What is the size of Ferrari’s current share buyback tranches and overall program?

Ferrari is executing a €250 million Second Tranche within a wider buyback program of approximately €3.5 billion. The broader program is expected to be carried out by 2030, following guidance provided during the company’s 2025 Capital Markets Day.

How many Ferrari (RACE) treasury shares are currently held and what percentages do they represent?

As of June 26, 2026, Ferrari held 17,991,331 treasury shares. These correspond to 9.28% of the then total issued common shares, and 9.59% of the then total issued share capital when special voting shares are included in the calculation.

What has Ferrari (RACE) spent on buybacks since launching the multi-year program in 2026?

From January 5, 2026 through June 26, 2026, Ferrari repurchased 1,457,105 own common shares. The total consideration for these buybacks, including Sell to Cover transactions, amounted to €428,838,218.38 across the Euronext Milan and NYSE markets.

Has Ferrari (RACE) already cancelled its treasury shares approved for cancellation?

Ferrari notes that cancellation of treasury shares approved at the April 15, 2026 Annual General Meeting has not yet been effectuated. As a result, those planned cancellations were not considered in the ownership and percentage calculations disclosed in this update.

Filing Exhibits & Attachments

1 document

Press Releases